$0.08 EPS Expected for Navigant Consulting, Inc. (NCI) This Quarter

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Wall Street brokerages expect that Navigant Consulting, Inc. (NYSE:NCI) will report earnings per share of $0.08 for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for Navigant Consulting’s earnings, with the lowest EPS estimate coming in at $0.06 and the highest estimate coming in at $0.10. Navigant Consulting posted earnings per share of $0.30 in the same quarter last year, which suggests a negative year over year growth rate of 73.3%. The firm is scheduled to report its next quarterly earnings report before the market opens on Thursday, April 25th.

According to Zacks, analysts expect that Navigant Consulting will report full year earnings of $0.89 per share for the current year, with EPS estimates ranging from $0.85 to $0.93. For the next year, analysts expect that the business will report earnings of $1.01 per share, with EPS estimates ranging from $0.96 to $1.05. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that follow Navigant Consulting.

Navigant Consulting (NYSE:NCI) last released its earnings results on Tuesday, February 26th. The business services provider reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.03). The firm had revenue of $193.20 million for the quarter, compared to the consensus estimate of $173.33 million. Navigant Consulting had a return on equity of 6.59% and a net margin of 13.10%. The company’s revenue was down 24.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.29 EPS.

A number of equities research analysts have recently weighed in on the company. TheStreet downgraded Navigant Consulting from a “b-” rating to a “c” rating in a research report on Friday, March 15th. Zacks Investment Research downgraded Navigant Consulting from a “buy” rating to a “hold” rating in a research report on Wednesday, January 16th. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $28.00.

Several hedge funds have recently added to or reduced their stakes in NCI. Norges Bank bought a new stake in shares of Navigant Consulting during the fourth quarter worth $24,655,000. JPMorgan Chase & Co. grew its stake in shares of Navigant Consulting by 474.0% during the third quarter. JPMorgan Chase & Co. now owns 777,731 shares of the business services provider’s stock worth $17,936,000 after purchasing an additional 642,249 shares during the period. FMR LLC grew its stake in shares of Navigant Consulting by 55,419.2% during the fourth quarter. FMR LLC now owns 344,219 shares of the business services provider’s stock worth $8,279,000 after purchasing an additional 343,599 shares during the period. Macquarie Group Ltd. grew its stake in shares of Navigant Consulting by 17.7% during the fourth quarter. Macquarie Group Ltd. now owns 1,754,881 shares of the business services provider’s stock worth $42,205,000 after purchasing an additional 263,495 shares during the period. Finally, Morgan Stanley grew its stake in shares of Navigant Consulting by 24.3% during the third quarter. Morgan Stanley now owns 677,981 shares of the business services provider’s stock worth $15,635,000 after purchasing an additional 132,729 shares during the period. Institutional investors own 97.77% of the company’s stock.

Shares of NCI stock traded up $0.35 on Wednesday, reaching $20.82. 325,422 shares of the stock were exchanged, compared to its average volume of 405,512. The company has a market cap of $798.78 million, a P/E ratio of 44.30, a PEG ratio of 1.72 and a beta of 0.68. Navigant Consulting has a one year low of $18.85 and a one year high of $27.40.

Navigant Consulting Company Profile

Navigant Consulting, Inc provides professional services worldwide. It operates through three segments: Healthcare, Energy, and Financial Services Advisory and Compliance. The Healthcare segment offers consulting and business process management services to healthcare providers, payers, and life sciences companies.

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Earnings History and Estimates for Navigant Consulting (NYSE:NCI)

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